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Search Results 0 to 11 of about 12 (some duplicates have been removed)
-- the sequester was terrible. it was only done as a result of the republican blackmail on the debt ceiling. we increased the debt ceiling. people do not understand what that is. it is foreiling says money you have already spent. if you owe money, you cannot pay the bills. you have to pay the bills. otherwise the country defaults. the treasury people tell us that would be catastrophic. so you have to pay the bills. we have raised the debt ceiling 77 signs -- times since world war ii. there is political demagoguery from whatever clinical party was in go the minority. at the end, there was a vote for it. they say if you increase the debt ceiling coming up to cut spending by an incredible amount. over 10 years. white 10 years? arbitrary. -- why over 10 years? arbitrary. 2.4 congress voted for $ trillion in cuts. 2 trillion -- the sequester makes no sense at all. from our point of view, we do not have a that crisis or deficit crisis. we have a jobs crisis. we have reduced the deficit. the only intelligent way to measure deficit is as a percent of the economy. . percent of gdp that is for a simple r
in arguments over raising the debt ceiling will begin. >> people on the east coast are seeing meteors. that large vibrant meteor shot through the sky about 5:00 our time. here is video. meteor over new york city that was posted on youtube. check it people who saw it the need your traveled from west to east and northeast sky. they have received hundreds of reports on it and more than 50 reports. pretty dramatic as you can see. >> there are sites to match people for dates so why not applicants with jobs is in the process is scientific with a mathematical algorithm the core. david louie explains how bright works. >> reporter: it's a universal complaint among job seekers. >> i put out five to six resumes a week. >> do you hear back from them? >> most of the time i do not. >> this era it makes a climate of frustration from for the applicant and too many for employers to review. >> they are check boxing the jobs and applying to thousands of jobs. >> steve believes he has the solution a site developed an algorithm that evaluates a resume and makes a score to identify candidates to interview.
. the debt ceiling. so we only have one out-perform rating right now, which is technology. that's been a long-standing outperform for us. one underperform was consumer discretionary which is the potential for problems because of the tax increases. it turns out it's not having the impact on consumer spending as a lot of people thought. >> great advice. thank you so much. great to you on the prom. liz ann sonders and heidi moore joining me. up next, we're on the money. what is starbucks' recipe for success? my conversation with the company's founder and ceo about how he wants to do for tea what he has done for coffee. >>> and how health care may not be so healthy a business. >>> and later, talking tough on the smartphone market. can a new phone from a glass economy not so far away take a bite out of apple? what innovation means for your personal technology use, as we take a look at how the stock market ended for the week. back in a moment. >>> welcome back. president obama pushing for an increase in the minimum wage to $9 an hour. but business is debating the unintended consequences of such a m
black male on the debt ceiling. ceiling does not taste do not spend more money. -- does not say do not spend more money. you cannot payy, the bills and have to pay the bills. otherwise the country defaults. you have to pay the bills. ceilingraised the debt 77 times since world war ii. in the end, you have a vote for it and everybody knew that. until now. if you increase the debt ceiling, you have to cut spending by an incredible amount over 10 years. they were going to make the false. -- to make as default for the congress voted for will $0.20 trillion specified in -- todeficias a percent of the eco. if you el ten del dollars on a credit card, as that a lot or a little? -- if you owe $10,000 on your credit card, is that a little or a lot? to look and how burdensome the debt is, you have to take a percentage is. we have reduced the debt as a from 10.1% togdp 5.3%. we have cut it in half. the fastest reduction in the deficit since the demobilization after world war ii. vote against the sequester. at the three have done what we need to do on the debt right now. -- i think we have done
when he rattled off a list of potentially dangerous consequences of not raising the debt ceiling back in 2011. >> no federal government employees, including counterterrorism agents, in the fbi, for example, no border agents. now, before we default, we could have time to make this sign for all points of entry. that's just the tip of the iceberg. >> i think he was being sarcastic, don't you? >>> now to the ones who were ill advised for whatever reason. first iowa republican congressman steve king with the solution for illegal immigration in the form of a construction project on the house floor. >> you can't shut that off unless we build a fence and wall. i want to put a fence in and a wall in. i designed one. this would be an example, then, of how that wall would look. you can also deconstruct it the same way. you can take it back down. i also say we need to do a few other things on top of that wall. one of them put a little bit of wire on top to provide a disincentive for people to climb over top or put a ladder there. we can electrify this wire, not a current that would kill anybody,
proposed by obama almost like a parliamentary party was not reworded. taking the debt ceiling hostage was not reworded. calling the obama health care plan, which was their own only a few years earlier, socialism was not reworded. that means they have to begin to rethink themselves, and importantly, democrats will not automatically embrace the same tactics in opposition so that was an important change that creates a new dynamic not that's going to solve our problems, but there is going to be no sitting around the campfire in washington making nice with one another. but the possibility now exists for a real effort and a successful effort to deal with our most pressing problems. >> too familiar washington faces, thomas mann and norman borkenstein it's even worse than it looks. this is book tv on c-span2. >>> next, we hear from dina hampton in her book little red she profiles the graduates of the little red schoolhouse and elizabeth warren high school of new york city some ominous with progressive politics. this is about half an hour. [applause] thank you. i'm going to start by saying wha
're trying to figure out their way out of sequestration to the next crisis, which is the debt ceiling limit and a budget. let's face it, the president as a matter of law, budget october of 1974 requires the president to deliver a budget on or before february 1st, where is the budget. not the republicans problem. we are supposed to act off the president's budget that never arrived. >> megyn: i want to ask you, julie, you mentioned something interesting about how this is aimed towards recapturing the house of representatives in the next mid term election, 2014, and no biden did say, please, please work hard to elect 17 new house democrats. now, that's a serious longshot, it's a hail mary, and i'm not saying it can't hop, but this would be-- >> yeah, but so, that seems to be, the pundits came out and told us that's what president obama was aiming for with the charm offensive speaking to the american people, we're reasonable we can get things done. go with the democrats. and again, why would joe biden not just be going with that for now, knowing there are reporters sitting there, who are going
, the budget control act, was that obama wanted to keep spending, and he needed the debt ceiling to be increased because he'd spent so much money. and the republicans said, okay, we'll raise the debt ceiling is so the country doesn't default, but only if you agree to a dollar-for-dollar reduction in spending over the next decade. and so we got $2.5 trillion in spending restraint. not real cuts, spending less than obama had hoped in. in washington that's called a cut. if you wanted ten of something and you only got eight of something, you go i got cut too. actually, you walked away with eight. but, so that was a $2.5 trillion spending reduction over the next decade. it hasn't happened yet. we're still, we have several problems facing us. the trillion dollars in obamacare tax increases that hit this decade, that begin to hit now. oddly enough, the president and the democrats in the house and senate decided to put the tax increases, the bulk of them after the 2012 election. so everybody voted, and now the tax increases hit. it's not helpful for the economy, and i think it's going to
. from there, a lot of the big stuff will go away and the next looming thing will be the debt ceiling. that is something we have not heard much about the last few weeks, but that is on the horizon. pete kasperowicz, thank you for talking with us. guest: sure, any kind. -- any time. >> expect a series of amendment votes. .ollow the senate on c-span two on c-span three, a group of middle east specialist will politics since the fall of hosni mubarak. divided between the muslim brotherhood and the secular opposition parties. the event is hosted by the rand corporation at 10:30 a.m. eastern on c-span three. yesterday, former u.s. ambassador to iraq dissipated in a discussion about the current political situation in .raq and there is factions the discussion included the former iraqi ambassador to the u.s. and a former ambassador to the iraq ambassador. the 90 minute discussion was hosted here in washington. >> ladies and gentlemen, good morning. i am jessica mathews. it is a pleasure to welcome you today to take stock 10 years after the launch of what turned out to be america's second- long
] >> two years ago when doug holtz-eakin and i were leading a discussion on the lifting of the debt ceiling, some other republicans who were there actually walked out of the room. this year we did not have that. more willing to listen. wing of theextreme tea party typically does not attend the harvard new members conferences. [laughter] >> among economists, is very significant debate about your estimate, and if so, what are would we bees that doing that we would be tangling with you on? >> that is a great question. the original estimates came back to us early on from a former student of mine who was working in the administration and who is a brilliant student from omb. he called me and said i have been tasked with setting up a committee to scrutinize all the numbers in your book and to discredit them. i just want to let you know that. i said ok, fine. he came back to me six months later and said i want to tell you we have been through the book with a fine tooth comb. we cannot discredit any of the numbers because they are all on our own numbers. we are going to argue that it was worth it. d
Search Results 0 to 11 of about 12 (some duplicates have been removed)

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